Hudson Pacific Properties Announces 2024 Dividend Tax Treatment
Hudson Pacific Properties (NYSE: HPP) has announced the tax treatment for its 2024 common and preferred stock dividends. For common stock, the total distribution is $0.1000 per share, with $0.06684 (66.84%) classified as non-qualified ordinary dividends and $0.03316 (33.16%) as return of capital. Payments are scheduled for March 28 and June 27, 2024.
For Series C preferred stock, the total annual distribution is $1.187500 per share, paid quarterly at $0.296875 per share. These payments are 100% classified as non-qualified ordinary dividends, with no portion allocated to qualified dividends, capital gains distributions, or return of capital. The preferred stock dividends will be paid on March 28, June 27, September 30, and December 30, 2024.
Hudson Pacific Properties (NYSE: HPP) ha annunciato il trattamento fiscale per i dividendi sulle azioni ordinarie e privilegiate del 2024. Per le azioni ordinarie, la distribuzione totale è di $0.1000 per azione, con $0.06684 (66.84%) classificati come dividendi ordinari non qualificati e $0.03316 (33.16%) come ritorno di capitale. I pagamenti sono programmati per il 28 marzo e il 27 giugno 2024.
Per le azioni privilegiate di Serie C, la distribuzione annuale totale è di $1.187500 per azione, pagata trimestralmente a $0.296875 per azione. Questi pagamenti sono classificati al 100% come dividendi ordinari non qualificati, senza alcuna parte assegnata ai dividendi qualificati, alle distribuzioni di guadagni in conto capitale o al ritorno di capitale. I dividendi delle azioni privilegiate saranno pagati il 28 marzo, il 27 giugno, il 30 settembre e il 30 dicembre 2024.
Hudson Pacific Properties (NYSE: HPP) ha anunciado el tratamiento fiscal para los dividendos de sus acciones comunes y preferentes de 2024. Para las acciones comunes, la distribución total es de $0.1000 por acción, con $0.06684 (66.84%) clasificados como dividendos ordinarios no calificados y $0.03316 (33.16%) como retorno de capital. Los pagos están programados para el 28 de marzo y el 27 de junio de 2024.
Para las acciones preferentes de Serie C, la distribución anual total es de $1.187500 por acción, pagada trimestralmente a $0.296875 por acción. Estos pagos están clasificados al 100% como dividendos ordinarios no calificados, sin parte asignada a dividendos calificados, distribuciones de ganancias de capital o retorno de capital. Los dividendos de las acciones preferentes se pagarán el 28 de marzo, el 27 de junio, el 30 de septiembre y el 30 de diciembre de 2024.
허드슨 퍼시픽 프로퍼티즈 (NYSE: HPP)는 2024년 일반 및 우선주 배당금에 대한 세금 처리를 발표했습니다. 일반주에 대해서는, 총 배당금이 주당 $0.1000이며, 이 중 $0.06684 (66.84%)는 비자격 보통 배당금으로 분류되고 $0.03316 (33.16%)는 자본 환급으로 분류됩니다. 지급일은 2024년 3월 28일과 6월 27일로 예정되어 있습니다.
시리즈 C 우선주에 대해서는, 총 연간 배당금이 주당 $1.187500이며, 분기마다 주당 $0.296875가 지급됩니다. 이러한 지급금은 100% 비자격 보통 배당금으로 분류되며, 자격 배당금, 자본 이득 분배 또는 자본 환급에 할당된 부분은 없습니다. 우선주 배당금은 2024년 3월 28일, 6월 27일, 9월 30일, 12월 30일에 지급됩니다.
Hudson Pacific Properties (NYSE: HPP) a annoncé le traitement fiscal de ses dividendes pour les actions ordinaires et privilégiées de 2024. Pour les actions ordinaires, la distribution totale est de $0.1000 par action, dont $0.06684 (66.84%) sont classés comme dividendes ordinaires non qualifiés et $0.03316 (33.16%) comme retour de capital. Les paiements sont prévus pour le 28 mars et le 27 juin 2024.
Pour les actions privilégiées de série C, la distribution annuelle totale est de $1.187500 par action, versée trimestriellement de $0.296875 par action. Ces paiements sont classés à 100% comme dividendes ordinaires non qualifiés, sans part attribuée aux dividendes qualifiés, aux distributions de gains en capital ou au retour de capital. Les dividendes des actions privilégiées seront versés le 28 mars, le 27 juin, le 30 septembre et le 30 décembre 2024.
Hudson Pacific Properties (NYSE: HPP) hat die steuerliche Behandlung seiner Dividenden für 2024 auf Stamm- und Vorzugsaktien angekündigt. Bei den Stammaktien beträgt die Gesamtausschüttung $0.1000 pro Aktie, wobei $0.06684 (66.84%) als nicht qualifizierte ordentliche Dividenden und $0.03316 (33.16%) als Rückzahlung des Kapitals klassifiziert werden. Die Zahlungen sind für den 28. März und den 27. Juni 2024 geplant.
Für die Vorzugsaktien der Serie C beträgt die jährliche Gesamtausschüttung $1.187500 pro Aktie, die vierteljährlich mit $0.296875 pro Aktie ausgezahlt wird. Diese Zahlungen sind zu 100% als nicht qualifizierte ordentliche Dividenden klassifiziert, ohne einen Teil für qualifizierte Dividenden, Kapitalgewinnausschüttungen oder Rückzahlungen des Kapitals zuzuweisen. Die Dividenden der Vorzugsaktien werden am 28. März, 27. Juni, 30. September und 30. Dezember 2024 ausgezahlt.
- Clear dividend schedule established for both common and preferred shares
- Return of capital component (33.16%) in common stock dividends may provide tax advantages to shareholders
- Common stock quarterly dividend remains at a relatively low $0.05 per share
- No qualified dividend income component, which could result in higher tax burden for shareholders
The Company's dividends related to its common stock (CUSIP #444097109) will be classified for
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Ordinary Dividends |
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Record Date |
Payment Date |
Distribution Per
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Total |
Non-Qualified1 |
Qualified |
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Capital Gains
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Return of Capital |
3/18/24 |
3/28/24 |
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6/17/24 |
6/27/24 |
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Totals |
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The Company's dividends related to its Series C preferred stock (CUSIP #444097307) will be classified for
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Ordinary Dividends |
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Record Date |
Payment Date |
Distribution Per
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Total |
Non-Qualified1 |
Qualified |
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Capital Gains
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Return of Capital |
3/18/24 |
3/28/24 |
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6/17/24 |
6/27/24 |
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9/20/24 |
9/30/24 |
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12/20/24 |
12/30/24 |
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Totals |
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1On December 22, 2017, the Tax Cuts and Jobs Act enacted Section 199A that generally allows a deduction for non-corporate taxpayers equal to
About Hudson Pacific Properties
Hudson Pacific Properties (NYSE: HPP) is a real estate investment trust serving dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries. Hudson Pacific’s unique and high-barrier tech and media focus leverages a full-service, end-to-end value creation platform forged through deep strategic relationships and niche expertise across identifying, acquiring, transforming and developing properties into world-class amenitized, collaborative and sustainable office and studio space. For more information visit HudsonPacificProperties.com.
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "estimates," "predicts," or "potential" or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events, or trends and that do not relate solely to historical matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond the Company's control, which may cause actual results to differ significantly from those expressed in any forward-looking statement. All forward-looking statements reflect the Company's good faith beliefs, assumptions and expectations, but they are not guarantees of future performance. Furthermore, the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. For a further discussion of these and other factors that could cause the Company's future results to differ materially from any forward-looking statements, see the section entitled "Risk Factors" in the Company's Annual Report on Form 10-K filed with the Securities and Exchange Commission, or SEC, and other risks described in documents subsequently filed by the Company from time to time with the SEC.
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Investor Contact
Laura
Executive Vice President, Investor Relations & Marketing
(310) 622-1702
lcampbell@hudsonppi.com
Media Contact
Laura Murray
Vice President, Communications
(310) 622-1781
lmurray@hudsonppi.com
Source: Hudson Pacific Properties, Inc.
FAQ
What is the 2024 dividend amount for HPP common stock?
How are HPP's 2024 common stock dividends classified for tax purposes?
What is the dividend schedule for HPP's Series C preferred stock in 2024?
Are any of HPP's 2024 dividends classified as qualified dividends?
What is the tax treatment of HPP's Series C preferred stock dividends for 2024?
